ConCourt clears major SA banks of collusion in manipulating the rand

The Constitutional Court has dismissed the Competition Commission’s appeal in thelong-running rand-rigging case, effectively clearing major local banks includingStandard Bank, Nedbank and FirstRand of the collusion allegations.The case, which dates back to 2015, involved claims of foreign exchangemanipulation between 2007 and 2013.Commercial Attorney, Ashley Seckel joins us for some reflections.   Nosipho Radebe in conversation with Ashley Seckel, Commercial AttorneySee omnystudio.com/listener for privacy information.